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SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Canoo Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 1, 2021 - GOEV

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Newsfile Corp.
·1 min read
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New York, New York--(Newsfile Corp. - April 19, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Canoo Inc..

Shareholders who purchased shares of GOEV during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/canoo-inc-loss-submission-form/?id=14882&from=5

CLASS PERIOD : August 18, 2020 to March 29, 2021

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company's engineering services was not a viable business, would not provide meaningful revenue in 2021, and would not reduce operational risk; (ii) the Company would no longer be focused on its subscription-based business model; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80974